Dec 27, 2012 10:00am PST
-breaking sporting events. michael phelps becomes the most decorated olympian of all time. twenty-two olympic medals. an online anti-muslim film sparking protests around the world. the maker of the movie is in jail in california on unrelated charges. what was originally believed to be an unrelated incident, for americans, including ambassador christopher stevens, are killed of the u.s. consulate in benghazi on 9/11. it is felt that that attack is an act of terror and had nothing to do with the anti-muslim video. killing three of al qaeda's leaders, the u.s. does so in their sector of the terrorist organization becoming more of a shell of its former self. benjamin netanyahu drawing a red line at the u.n. general assembly, indicating iran's approach to the final stage of nuclear bomb. the obama administration holds up israeli military action, which could likely result in the u.s. being pulled in through the complex. causing regionwide mayhem. hurricane sandy rips through the caribbean. evacuations, power loss, and death in jamaica, haiti, the dominican republic, and cuba. hamas militants fire missiles
Dec 26, 2012 10:00am PST
service. michael is a democratic strategist, and he joins us as well. good to see you both. tony, look, the word we're getting is that harry reid is going to pass an extension of the bush tax cuts for anybody under 250,000, extend unemployment benefits for two million folks. um, now, if that happens, it goes to the house, and the house will probably have to put it up. aren't republicans, your party, going to wish that they had passed plan b? >> absolutely, gregg. look, plan b really should have been our plan a, number one. number two, plan b was really the idea of chuck schumer and nancy pelosi as recently as in this summer. to set the threshold on incomes to a million dollars versus 250,000, allow those tax rates for a million and above go up, the president talked about taxing millionaires and billionaires, that would be right, and now let the rest of the country enjoy the extension of the full bush tax cuts which i think we now even see democrats acknowledging have meaningful -- gregg: basil, if it doesn't work, the president's going to have egg on his face, right? >> no, not at all.